CD Projekt RED: No Worries!

General news News 11/14/2016

0 1415 Views

CD Projekt RED reacted to the rumors, regarding the hostile takeover.

A week ago, we wrote about how rumors say that the Polish company is preparing for the worst scenario despite the rousing success of The Witcher franchise. However, the Poles are following the Internet, and they decided to release a statement.

„As for the rumor, it emerged after the Board suggested introducing a voting cap during the upcoming shareholder meeting. However, the proposal is not a reaction to any current events affecting CD PROJEKT. Rather, it is meant as insurance against hypothetical future scenarios which may never materialize.

We wish to safeguard the interests of minority shareholders in a hypothetical case where a major shareholder emerges professing a business and strategic vision which conflicts with ours.”

What they say is that there is no danger. They just seem to be inspired by the Ubisoft-Vivendi situation. Despite Vivendi stating that they don’t plan to pull a hostile takeover on Ubisoft, they bought more stocks, meaning that they have 24% of the shares in the French company.

Spread the love

Angyal Anikó

Anikó, our news editor and communication manager, is more interested in the business side of the gaming industry. She worked at banks, and she has a vast knowledge of business life. Still, she likes puzzle and story-oriented games, like Sherlock Holmes: Crimes & Punishments, which is her favourite title. She also played The Sims 3, but after accidentally killing a whole sim family, swore not to play it again. (For our office address, email and phone number check out our IMPRESSUM)